Comparable sales & offer analysis
Parcel MN-554062
Koochiching County, MN · 12.33 ac · Mixed Use · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$45,100
Adjusted value
$32,568
Value range
$27,576–$37,561
Comp $/acre
$2,641/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +38.5% versus the adjusted value.
Offer position
Max allowable offer
$18,610
Offer $/acre
$1,509/ac
Projected profit
$9,770
Annualized ROI
+69.2%
Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.
Comparable sales
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Match |
|---|---|---|---|---|---|---|
| MN-784727 | 20.0 | Jul 27, 2026 | $68,000 | 3,405 | 2,521 | 75 |
| MN-173310 | 7.2 | Oct 12, 2025 | $30,900 | 4,318 | 2,492 | 68 |
| MN-115170 | 27.5 | Jul 15, 2026 | $109,100 | 3,966 | 3,076 | 68 |
| MN-484973 | 23.9 | Sep 27, 2025 | $104,600 | 4,387 | 2,722 | 66 |
| MN-272504 | 4.0 | May 24, 2026 | $10,300 | 2,582 | 2,443 | 66 |
| MN-795613 | 37.9 | May 18, 2026 | $115,800 | 3,053 | 2,425 | 60 |
| MN-772492 | 4.0 | Jun 30, 2024 | $27,600 | 6,994 | 3,496 | 59 |
| MN-882843 | 5.1 | May 20, 2025 | $16,600 | 3,261 | 1,878 | 57 |
| MN-355664 | 39.3 | Dec 4, 2024 | $133,500 | 3,392 | 2,875 | 53 |
| MN-915734 | 41.4 | Sep 7, 2024 | $100,400 | 2,426 | 2,465 | 52 |
Prepared with LandPilot. Values are model estimates derived from recorded sales and procedural market data, not an appraisal. Verify title, access and zoning independently before contracting.